January 25, 2016
UK Government's Science Office released a report Distributed ledger technology: beyond block chain, setting out how distributed ledger technology could transform the delivery of public services and boost productivity. The technology could be used as a more reliable way to deliver services compared to the current, centralized systems in place.
A distributed ledger is a database that can securely record financial, physical or electronic assets for sharing across a network through entirely transparent updates of information.
Its first incarnation was ‘Blockchain’ in 2008, which underpinned d ...